Tel Aviv Stocks Off Slightly in Mixed Trading

There were more losers than gainers as the Tel Aviv Stock Exchange closed out the trading week on Thursday. The TA Composite index slipped three tenths of a percent to 1,002.69, while the TA 100 finished the day at 1,015.57, down .35 percent, including a two-tenths of a percent decline to 1,109.63 for the Maof 25 most-widely-invested issues. The 50 stocks outside the TA 100 rose 1.02 percent to 344.85.

Leading the way was the bank index, which jumped 2.11 percent to 988.82 as the financial institutions closed at 894.55, up one and three quarters percent, including a 1.06 percent gain by the insurance issues. The oil and gas stocks finished the day at 1,210.10, up 1.29 percent. The real estate index declined .32 percent to 279.08 while a .33 percent slump by most of the technology issues made for a 312.33 closing, while the biomed stocks finished at 715.22, down 1.53 percent. The communications/media index closed at 647.60, down 1.62 percent.